Reinsurance
Opinion: Catastrophe Bonds Are a Smashing Success
Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of "cat bonds" has climbed to more than $11 billion this year, about the same as this time in ...
1 Million-Plus Told to Flee Hurricane Florence as Mid-Atlantic States Brace for Storm
Florence was slightly weakened but not unbowed as it continued to barrel toward the U.S. East Coast on Tuesday, with forecasters saying they expect the storm to re-strengthen to near Category 5 ...
Global P/C Markets Falling Short on Sustainable Returns: Swiss Re Sigma
Global property/casualty insurance markets are underperforming and have a way to go before producing sustainable returns, Swiss Re said in its latest sigma report. "Most markets remain in a phase of ...
AXIS Re’s New Strategic Partners Team Includes Munich Re Hire
AXIS Re launched a new consulting arm to serve clients and brokers, hiring on a former Munich Re executive and promoting within to staff the division. The new arm – AXIS Re Strategic Partners – ...
Don’t Expect Reinsurance M&A to Let Up: Fitch Ratings
As global reinsurance executives gathered in Monte Carlo for their annual Reinsurance Rendezvous, Fitch Ratings said it expects consolidation of the industry will continue. Fitch's report echoes ...
Old Practices May Help AIG CEO Duperreault Recapture Insurer’s ‘Lost Shine’
Brian Duperreault, who rejoined American International Group Inc as chief executive officer last year to turn the company around, remembers another era when the insurer was trying to blaze a trail ...
PartnerRe Celebrates Its First 25 Years—When Everything and Nothing Has Changed
During PartnerRe's first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved—or ...
Lloyd’s Chooses Ex-QBE CEO Neal as Its New Leader
Lloyd's of London has chosen former QBE Insurance Group CEO John Neal as its new leader. Neal assumes the role of Lloyd's latest chief executive officer starting on Oct. 15. He succeeds Inga Beale, ...